Here is an example of how you can use a 3 bar fractal to manage a contrarian position. The 3 bar fractal formed on H4. So I moved my stop 2 pips into profit for a risk free contrarian trade. image

EURUSD

If a 3 bar fractal forms on H4, I will move my stop to break even. I have other buy limit orders set at lower prices, which I will not keep open over the weekend, because brokers can be nasty when it comes to spread over the weekend. We are nearing ...

EURUSD

This is true. And I won't be surprised if it happens this way. But as long as you have a good entry, and know your limits, even if it goes against you, there should be minimal loss. But if it doesn't go against you, and you have a good entry, then ...

EURUSD

This is what happens when you scale in. There is only one other person I am aware of in here who got this kind of entry. I am glad I didn't listen to the negative people who clearly do not understand my strategy. image

EURUSD

You're welcome. Take care. I'm out of here.

EURUSD

I know I said I wouldn't respond further on this matter, but I feel compelled to respond to this. Yes, it does look that way! So why do I even bother? My time would be better spent doing other things. Just as I put in the time and spent the money to ...

EURUSD

Well, that's only because there are jackasses in here who apparently aren't real traders. They have nothing better to do with their time than to hassle others, and ruin the experience for everyone. Many people have left FF because of such people. ...

EURUSD

Because I allowed abusive people to drive me away.

EURUSD

Interesting article. The end of the month is soon approaching. I believe we will see a pullback, and then a continuation of the bearish trend. url

EURUSD

Why should I allow problematic people drive me away? Would you like to see that happen?

EURUSD

MQL5 does have an adjustable fractal. It's free. To get it to work for 3 bar, you have to go in its settings and set Bars before to 1, and Bars after to 1.

EURUSD

After taking a break from this place, I figured I would come back and try to help other traders out. But I can see the same negative attitude is present as before, the same loser mentality, the same trolling behavior. It's a shame that this thread ...

EURUSD

You can find a 3 bar fractal indicator on TradingView. It will give you an idea on how it can be used for an exit strategy, as well as an entry strategy. But if you are going to use it for entries, it would probably be best to do so in the direction ...

EURUSD

Because a three bar fractal indicates a shift in momentum, it could be useful to use as an exit for a trade. Just keep in mind that it doesn't necessarily mean the trend has changed. It could just be a pullback. But that same fractal you use to ...

EURUSD

I am trying to help people in here and you are acting like a fool.

EURUSD

Have you considered using a three bar fractal for exiting?

EURUSD

Sometimes you just have to shut a negative person off.

EURUSD

The naysayers are strong in here, but they will not break me!

EURUSD

Buy strength, and sell weakness.

EURUSD

I am not a bull, nor am I a bear, but a trader. I believe EURUSD will revisit lower prices. However, the market does not move in only one direction. Rather than sitting on my hands, I am looking to capitalize on buying pullbacks. When I have had my ...

EURUSD